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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (4803)	5/21/2001 3:28:31 PM
From: Second_Titan	Read Replies (1) \| Respond to of 23153

Perhaps you could enlighten me on the logic of VIX. Lower volatility should lead to a fall in prices and Higher volatility should lead to higher prices? Or is it higher volatility indicates a move up or down? Where can I find an explanation? CBOE site?

To: kodiak_bull who wrote (4803)	5/21/2001 3:32:51 PM
From: Sharp_End_Of_Drill	Read Replies (2) \| Respond to of 23153

KB and Quehubo, re shorting tech. In my opinion shorting tech is going to be the next homerun, but the timing isn't right at present. We've got a massive rally going on that is a combination of false hopes for speedy recovery, Gspan rate cut, and general Fed pumping of the liquidity. I think it's best to let this run with the hope that it runs far and hard enough to set up sure thing shorts. Soon enough the media spin will turn back to inflation, no more rate cuts, dead tech & manufacturing sector, weakening Europe, dead Asia, unemployment, debt debt debt, etc. etc. I'm eyeing KKD, but would like to see north of 75, JNPR north of 65, ONIS in the high 30's, VRSN soon very soon, BRCD above 60, IBM in the 120's would be nice, and the list goes on & on. MXIM, LLTC, ALTR, XLNX are all setting up nice shorts - but I'd like a little more first. Patience is key, I might not reach my targets but the risk of rally is too great at today's prices. The VIX is saying two to four more weeks of rally, then look out below! Sharp